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Clearing Schedule for T+3 System

07 Apr, 2006

Karachi Stock Exchange's Clearing Schedule for T+3 System.



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CLEARING SCHEDULE FOR T+3 SYSTEM
FOR THE MONTHS OF APRIL & MAY 2006
================================================================
TRANSACTION     TRANSACTION      SETTLEMENT           SETTLEMENT
DATE            DAY              DATE                        DAY
================================================================
04.04.2006      Tuesay           07.04.2006               Friday
05.04.2006      Wednesday        10.04.2006               Monday
06.04.2006      Thursday         12.04.2006            Wednesday
07.04.2006      Friday           13.04.2006             Thursday
10.04.2006      Monday           14.04.2006               Friday
11/12.04.2006   Wednesday        17.04.2006               Monday
13.04.2006      Thursday         18.04.2006              Tuesday
14.04.2006      Friday           19.04.2006            Wednesday
17.04.2006      Monday           20.04.2006             Thursday
18.04.2006      Tuesday          21.04.2006               Friday
19.04.2006      Wednesday        24.04.2006               Monday
20.04.2006      Thursday         25.04.2006              Tuesday
21.04.2006      Friday           26.04.2006            Wednesday
24.04.2006      Monday           27.04.2006             Thursday
25.04.2006      Tuesday          28.04.2006               Friday
26.04.2006      Wednesday        02.05.2006              Tuesday
27.04.2006      Thursday         03.05.2006            Wednesday
28.04.2006      Friday           04.05.2006             Thursday
================================================================

NOTES:
Labour Day = May 01, 2006 (Monday)
2). If any necessity arises, the Karachi Stock Exchange reserves the right to alter or vary the above dates. In case any settlement is postponed for whatsoever reasons, the same shall take place on the next working day.

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